SEC 13F Intelligence

Managers / Q2 2021 · view latest →

X-Square Capital, LLC

CIK 0001729300 · STE. 802, 90 CARR 165, GUAYNABO, PR, 00968 · 787-282-1621

Reported Value
$211M
Q2 2021
Positions
151
Filings on Record
30
2019–present window
Filed
Aug 16, 2021
original filing

Summary

X-Square Capital, LLC reported $211M in U.S.-listed holdings across 151 positions for Q2 2021.

Its largest position, OFG, represents 5.6% of the portfolio.

Compared with Q1 2021, the fund opened 26 new positions and exited 11.

Portfolio Metrics

Turnover
+22.5%
vs prior filed quarter
Top-10 Concentration
+30.6%
share of reported value
Largest Position
+5.6%
Ofg Bancorp
New / Exited
26 / 11
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $127MQ4 ’18Q1 ’19: $146MQ2 ’19: $157MQ3 ’19: $159MQ4 ’19: $170MQ4 ’19Q1 ’20: $100MQ2 ’20: $141MQ3 ’20: $139MQ4 ’20: $185MQ4 ’20Q1 ’21: $216MQ2 ’21: $211MQ3 ’21: $193MQ4 ’21: $199MQ4 ’21Q1 ’22: $192MQ2 ’22: $166MQ3 ’22: $157MQ1 ’23: $169,549Q1 ’23Q2 ’23: $148,812Q3 ’23: $148,812Q4 ’23: $181,243Q1 ’24: $211,041Q1 ’24Q2 ’24: $215,669Q3 ’24: $227,597Q4 ’24: $243,269Q1 ’25: $232,620Q1 ’25Q2 ’25: $278,060Q3 ’25: $320,154Q4 ’25: $305,153Q1 ’26: $296,726Q1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 76.1%ETP: 12.9%ADR: 7.5%Other: 3.5%
  • Common Stock · 76.1% · $160M
  • ETP · 12.9% · $27M
  • ADR · 7.5% · $16M
  • Other · 3.5% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
COINCOINBASE GLOBAL INC -CLASS ANEW+5.0K5.0K+$1M$1M
RBAGBPRITCHIE BROS AUCTIONEERSNEW+18.8K18.8K+$1M$1M
FDXFEDEX CORPNEW+3.4K3.4K+$1M$1M
SUSUNCOR ENERGY INCNEW+37.9K37.9K+$903,000$903,000
TENCENT MUSIC ENTERTAINM-ADRNEW+55.2K55.2K+$855,000$855,000
FERRARI NVNEW+3.5K3.5K+$728,000$728,000
FTNTFORTINET INCNEW+2.3K2.3K+$533,000$533,000
VINTAGE WINE ESTATES INCNEW+41.5K41.5K+$498,000$498,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2021

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1V322DIREXION SHS ETF TRDLY ENRGY BULL2X · DLY FIN BULL NEW · BRZ BL 2X SHS · DLY SCOND 3XBU7.14%$15M324.1K
2OFGOFG BANCORPhistory →COM5.60%$12M533.0K
3FBPFIRST BANCORP PUERTO RICOhistory →COM NEW4.77%$10M842.7K
4BPOPPOPULAR INChistory →COM NEW3.29%$7M92.4K
5METAFACEBOOK INC-Ahistory →CL A2.80%$6M17.0K
6MUMICRON TECHNOLOGY INChistory →COM2.76%$6M68.5K
7NIONIO INChistory →SPON ADS2.28%$5M90.1K
88LP1LAREDO PETROLEUM INChistory →COM2.08%$4M47.2K
9CPRTCOPART INChistory →COM2.01%$4M32.1K
10JPMJPMORGAN CHASE & COhistory →COM1.76%$4M23.8K
11BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS1.67%$4M15.5K
12GOOGALPHABET INChistory →CAP STK CL C1.66%$3M1.4K
13FANGDIAMONDBACK ENERGY INChistory →COM1.56%$3M35.0K
144I1PHILIP MORRIS INTL INChistory →COM1.54%$3M32.9K
15ALLYALLY FINANCIAL INChistory →COM1.53%$3M64.7K
16GDGENERAL DYNAMICS CORPhistory →COM1.47%$3M16.4K
17PYPLPAYPAL HLDGS INChistory →COM1.45%$3M10.5K
18ASSURED GUARANTY LTDCOM1.45%$3M64.3K
19TPLTEXAS PACIFIC LAND CORPhistory →COM1.43%$3M1.9K
20URIUNITED RENTALS INChistory →COM1.40%$3M9.2K
21BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.34%$3M10.1K
22VANECK OIL SERVICESOIL SVCS ETF1.20%$3M11.5K
23MOALTRIA GROUP INChistory →COM1.13%$2M50.0K
24SIENUSDSIENTRA INChistory →COM1.10%$2M291.0K
25GMGENERAL MTRS COhistory →COM1.09%$2M39.0K
26BHCBAUSCH HEALTH COS INChistory →COM1.08%$2M78.0K
27MLB1MERCADOLIBRE INChistory →COM1.08%$2M1.5K
28ZZILLOW GROUP INC - Chistory →CL C CAP STK1.07%$2M18.5K
29VIPSVIPSHOP HOLDINGS LTD - ADRhistory →SPONSORED ADS A1.06%$2M111.6K
30LENLENNAR CORP-Ahistory →CL A1.02%$2M21.7K
31AMZNAMAZON COM INChistory →COM1.01%$2M620
32AVOMISSION PRODUCE INCCOM0.99%$2M101.0K
33TEVATEVA PHARMACEUTICAL-SP ADRSPONSORED ADS0.96%$2M205.8K
34PHMPULTEGROUP INCCOM0.96%$2M37.2K
35XLESELECT SECTOR SPDR TRENERGY0.96%$2M37.4K
36SHOPSHOPIFY INC - CLASS ACL A0.95%$2M1.4K
37RTXRAYTHEON TECHNOLOGIES CORPCOM0.94%$2M23.2K
38COSTCOSTCO WHSL CORP NEWCOM0.91%$2M4.8K
39BXBLACKSTONE GROUP L PCOM CL A0.88%$2M19.1K
40TFCTRUIST FINANCIAL CORPCOM0.85%$2M32.5K
41AAPLAPPLE INCCOM0.85%$2M13.1K
42NVDANVIDIA CORPCOM0.80%$2M2.1K
43AMDADVANCED MICRO DEVICES INCCOM0.77%$2M17.4K
44TJXTJX COS INC NEWCOM0.76%$2M23.7K
45NDQINVESCO QQQ TRUNIT SER 10.75%$2M4.5K
46VLOVALERO ENERGY CORP NEWCOM0.70%$1M18.9K
47CALAVO GROWERS INCCOM0.68%$1M22.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$296,726172May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$305,153176Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$320,154177Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$278,060177Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$232,620170May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$243,269179Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$227,597177Oct 22, 202413F-HRchanges · EDGAR ↗
Q2 2024$215,669171Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$211,041169May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$181,243168Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$148,812156Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$148,812156Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$169,549171May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review168Feb 2, 202313F-HRchanges · EDGAR ↗
Q3 2022$157M163Nov 4, 202213F-HRchanges · EDGAR ↗
Q2 2022$166M170Aug 5, 202213F-HRchanges · EDGAR ↗
Q1 2022$192M169May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$199M167Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$193M170Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$211M151Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$216M134May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$185M129Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$139M119Nov 2, 202013F-HRchanges · EDGAR ↗
Q2 2020$141M113Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$100M90May 19, 202013F-HRchanges · EDGAR ↗
Q4 2019$170M90Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$159M87Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$157M107Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$146M110May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$127M116Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.